REPORT: The GOP Wants To Set Up A Gold Commission

The FT's Robin Harding and Anna Fifield report the GOP is set to
formally include adopting a gold standard as a pillar of their
updated platform.

"Drafts of the party platform, which it will adopt at
a convention in Tampa Bay, Florida, next week, call
for an audit of Federal Reserve monetary policy and a
commission to look at restoring the link between the dollar and
gold," they report.

"Any commission on a return to the gold standard would have
to address a host of theoretical, empirical and practical
issues," they add.